Crude Palm Oil (CPO)

Edible-grade CPO on FFA, M&I and DOBI, from Indonesian and Malaysian ports

Crude palm oil is the unrefined oil pressed from the fruit at the mill, and a refinery buys it on three numbers. Free fatty acid as palmitic comes first: the Bursa Malaysia FCPO contract allows no more than 4% into port tank installations and 5% out of them, and 5% is the ceiling most export contracts are written to. Moisture and impurities come second, at no more than 0.25%. The third is DOBI, the deterioration of bleachability index, which tells the refiner how easily the oil will bleach to a light RBD colour. FCPO sets a minimum of 2.5 into port tanks and 2.31 out of them, and a low DOBI means more bleaching earth, more refining loss and a darker olein. An iodine value of 50–55 confirms the oil is palm. These figures appear on the SGS or Intertek certificate at load, and the contract sets them out with the allowances for FFA above the ceiling.

Malaysia exported 3.69 million MT under HS 1511.10 in 2024 and Indonesia 3.00 million MT (UN Comtrade), with Thailand, Guatemala and Colombia behind them. Indonesian crude loads mainly at Dumai and Belawan on Sumatra; Malaysian crude at Pasir Gudang and Port Klang on the peninsula and Lahad Datu in Sabah. Export costs are reset at origin every month. Indonesia's September 2026 CPO reference price is USD 1,007.51/MT, which sets an export duty of USD 148/MT and an export levy of 12.5%, and Indonesian export rights are tied to the domestic market obligation for cooking oil. Malaysia's September 2026 reference price is RM 4,392.32/MT, with export duty at 10%. Refiners price against the Bursa Malaysia FCPO screen plus a basis for origin and shipment month. In bulk the oil is a MARPOL Annex II Category Y cargo, carried heated in an IMO Type 2 chemical tanker. CBIL is a commodity brokerage company and brokers crude palm oil to refineries on FOB, CFR and CIF terms, with RSPO, ISCC, MSPO or ISPO certification where the buyer needs it and EU Deforestation Regulation geolocation data for EU buyers. Send the tonnage, FFA and DOBI limits, certification and discharge port.

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Excluded origins are not offered, including product re-exported, blended or re-processed through a third country. Every lot moves with a certificate of origin naming the producing plant, mine or grower country, and nothing is quoted before the seller and loading point are known.